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Germany’s Economic System Germany has a Mixed economic system –After reunification in 1990, East Germany had to move away from a Command economic system and slowly towards a Mixed system. Germany’s economy is Europe’s largest & is the 3rd largest in the world

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Germany’s Land Use What percentage of the land is arable (capable of being farmed)? –33% What are the major agricultural products? –Potatoes, wheat, barley, sugar beets, fruit, cabbages, cattle, pigs, poultry

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Germany’s Literacy Rate What percentage of people over the age of 15 can read and write? –99% How long are students required to stay in school? –16 years

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Germany’s Unemployment Rate What percentage of people do not have jobs? –8.4% What percentage of people live in poverty? –11%

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Germany’s GDP $2.81 trillion (2007) GDP Per Capita--What is the value of goods and services produced per person? –$34,200 (2007)

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Germany’s Economic Problems Modernizing the former East German economy (annual transfers from west to east of $80 billion) –The former East Germany’s decayed economy continues to be a burden on the country Unemployment Over depletion of natural resources (pollution) Improving public services (which forces the country to raise taxes)

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Russian Federation

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Russia’s Economic System Russia has a Mixed economic system –Russia’s economy has been moving away from a Command economy and more towards a free Market economy since the fall of the Soviet Union in 1991…not there yet (Mixed)

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Russia’s Land Use What percentage of the land is arable (capable of being farmed)? –7% (permafrost over Siberia is a major problem for growing crops!) What are the major agricultural products? –Grain, sugar beets, sunflower seed, vegetables, fruits, beef, milk

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Russia’s Literacy Rate What percentage of people over the age of 15 can read and write? –99.4% How long are students required to stay in school? –14 years

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Russia’s Unemployment Rate What percentage of people do not have jobs? –6.2% What percentage of people live in poverty? –15.8%

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Russia’s GDP $2.08 trillion (2007) GDP Per Capita--What is the value of goods and services produced per person? –$14,700 (2007)

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Russia’s Economic Problems Natural resources are difficult to use because of the harsh climate, size and few navigable rivers Moving away from the former Command economy of the Soviet Union (where the government made all of the decisions), and letting the public have a greater influence on the economy Unemployment